Discover the potential of this unique property, ideally suited for the experienced handyman or savvy investor. Located within the city limits and zoned R3, this versatile property features two homes on one lot, offering endless possibilities for income generation and renovation. Home 1: Immediate Income Potential The first home is… Read More currently rented, providing a steady stream of income from day one. This residence has charming features and solid bones, needing only minor updates and TLC to maximize its rental potential. Home 2: Full Rehab Project The second home on the property is a blank canvas awaiting your vision. This house requires a full rehabilitation, making it an ideal project for those with a keen eye for renovation. Transform this space into a stunning residence or another lucrative rental unit. Property Highlights: • Zoning: R3, offering flexibility for various uses. • Location: Conveniently located within city limits, ensuring easy access to amenities, public transportation, and vibrant city life. • Income Potential: One home is already generating rental income, while the other presents an excellent opportunity for value-add investment. • Investment Appeal: Perfect for experienced handymen, investors, or developers looking to capitalize on a property with significant upside. Opportunities: • Renovation: Fully rehab the second home to create additional rental income or increase property value. • Development: Explore potential for further development or enhancement due to the favorable R3 zoning. This property is a rare find with immense potential. Whether you're looking to expand your rental portfolio or undertake a rewarding renovation project, this unique property offers a promising investment opportunity. Bring your creativity and expertise to unlock its full potential! Read Less
Courtesy of WORTH CLARK REALTY 800-991-6092
Listing Snapshot
Days Online
124
Last Updated
Property Type
Single Family Residence
Beds
5
Full Baths
2
Square Ft.
1,862
Lot Size
0.36 Acres
Year Built
1958
MLS Number
O6205695
30 Days Snapshot Of 34475
$
+67%
(avg) sold price
8
+14%
homes sold
46
+70%
(avg) days on market
Snapshot
Area Map
Additional Details
Building
Living Area Meters: 172.99, Room Count: 4, Building Area Total: 1862, Building Area Units: Square Feet, Construction Materials: "Wood Frame", Direction Faces: North, Levels: "One", Living Area: 1862, Stories Total: 1, Year Built: 1958
Lot
Lot Size Square Meters: 1457, Total Acreage: 1/4 to less than 1/2, 0.36 acres, 15682 square feet, Dimensions: 125x125, View: "City"
Property Access
Road Surface: "Asphalt"
Appliances & Equipment
Appliances: "None"
Cooling
Cooling: "Other"
Exterior Features
Exterior Features: "Other"
Floors
Flooring: "Wood"
Foundation
Foundation Details: "Other"
Heating
Heating: "None"
Interior Features
Interior Features: "Other"
Laundry
Laundry Features: "None"
Property
Zoning: R3
Roof
Roof: "Shingle"
Sewer
Sewer: "Public Sewer"
Utilities
Utilities: "Other", Water Source: "Public"
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